Marxist Economics

This new website is now operational. Set up by supporters of the International Marxist Tendency, it is intended as a service and an educational tool for the entire labour movement. The website sets out Courses, Information and Resources. You work through the Courses, which are really at the heart of the educational project. At present there are two Courses – ‘Basic Concepts and Ideas’ and ‘Looking at Value.’ More are promised. There are hotlinks to definitions within the Courses. There are already signs of interaction and questioning among the first users. There is a section. ‘Latest posts.’ Feedback is welcomed.

This new website is now operational. Set up by supporters of the International Marxist Tendency, it is intended as a service and an educational tool for the entire labor movement.

The website sets out Courses, Information and Resources.

You work through the Courses, which are really at the heart of the educational project. At present there are two Courses – ‘Basic Concepts and Ideas’ and ‘Looking at Value.’ More are promised. There are hotlinks to definitions within the Courses.

There are already signs of interaction and questioning among the first users. There is a section. ‘Latest posts.’ Feedback is welcomed.

There are classic texts handy. There are links to sites many of our supporters may be unaware of – statistical websites for instance. So MarxistEconomics.com can be used as an integrated tool for research.

Several features will be of immediate interest. Under the ‘Individual Topics’ there are links to useful articles grouped by subject.

There is no doubt the amount of material posted will grow and improve in content. We welcome this website as an important contribution to education in Marxism

Here is what they say about themselves:

The MarxistEconomics.com website has been designed to provide courses, information and resources to promote the study of Marxist economics (more correctly called 'Marxist political economy'). We therefore welcome the input by all those seeking to learn about Marxist economics and who wish to contribute to its promotion, wider understanding and development.

Everyone in today’s society is constantly bombarded with the ideas of capitalist economics (also known as orthodox economics and neo-classical economics). We are indoctrinated with ideas that accept this particular economic understanding. These ideas are everywhere around us: in newspapers, TV programmes, Hollywood movies, and the very language that we use.

It is rarely that you hear about Marxist economics, you will for example, not find it in the school curriculum of countries around the world; in the UK’s Advanced Level economic qualification, US High School Diplomas or the International Baccalaureate. Nor is it seriously studied at undergraduate level.

But this is not because Marxist economics has no validity in terms of understanding economic systems and society. Quite the contrary, we would argue that it is the ideas of the pro-capitalist neo-classical economics which often rest on mysticism basing itself on self-defined truisms.

Marxist political economy, as a subject, is part of a wider body of ideas generally known as Marxism with which it forms an integrated whole. It was originally developed by Karl Marx as a means of understanding how capitalist society worked. But both in its origins and in today’s society it cannot be separated from political ideas and an understanding of capitalism as a society of exploitation, which is also an arena of class struggles.